1505 Grassy Knoll TrlAubreyTX76227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Aubrey at 1505 Grassy Knoll Trl, Aubrey, TX, 76227 priced at $449,000 converts $2,984/mo rent into after a $2,198/mo obligation. Total monthly income equals $2,984/mo. Return on cash invested prints 17.27% in year one, and rental yield reads 7.98% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 90.24% and total cumulative return in cash sums $134,320. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,984/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 2020
5,749 sqft lot
$N/A/sqft
$710 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76227, Aubrey, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,420 (100%) |
| Owner Occupied HU | 23,091 (78.5%) |
| Renter Occupied HU | 4,666 (15.9%) |
| Vacant Housing Units | 1,663 ( 5.7%) |
| Median Home Value | $479,180 |
| Average Home Value | $571,581 |
Housing Distribution
Address Breakdown
Residential
29,729
Single Family
25,985
Multi-Family
3,744
Businesses
756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PAUL ILAMI • Denton County Property Mgmt, Inc
Mls Name: NTREIS
Mls ID: #20718035
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.